In October 2018, Vietnam imported US$20.7 billion worth of goods, a 6.1 percent increase compared with September. In the first 10 months, the import value reached US$193.84 billion, up 11.8 percent compared with the same period last year. Major imports included seafood, coal, crude oil, materials for animal feed production, and other production materials. Products, the import of which is subject to specific controls, accounted for only 6.5 percent of total import value. … [Read more...] about Ten-month exports almost equal 2017 record

Diep Thanh Kiet, Vice Chairman of the Vietnam Leather and Footwear Association (Lefaso), said Vietnam follows just China in leather and footwear exports with more than 1 billion pairs of shoes each year. From now until 2025, the country’s footwear industry is still competing well in terms of labour costs, per capita income, economic policies and export markets, he said. … [Read more...] about Vietnam exports a billion pairs of shoes each year

Vietnam's textile-garment exports to Canada continue to see good growth in 2018 Vietnam’s major foreign currency earners like textile-garment, footwear and wood products posted good growth. Several new products recorded surges in overseas shipments, including plastic and rubber products (27%), coconut oil (100%), and paper products (50%). … [Read more...] about Vietnam records surplus in trade with Canada

In 2017, Vietnam’s export turnover reached more than US$200 billion, with an impressive growth rate of 21 percent, Vinh said, adding that Vietnam’s key exports include agro-forestry-fishery products, garments and textiles, leather and footwear, furniture, engineering, electronics and electrical equipment, pharmaceuticals and plastic products. However, exporters, especially small and medium-sized enterprises (SMEs), are still weak at forecasting market supply and demand, and they lack information on export policies and markets, competitors and potential importers. Meanwhile, their export production and support service costs are still high, Vinh said. … [Read more...] about Six-month export figures paint bright annual picture